REMspace Secures $1M Seed Funding for Lucid Dream Tech

REMspace, a neurotechnology company specializing in lucid dreaming studies, has successfully closed a $1M seed round, with funding from lucid dreaming practitioners and enthusiasts in Europe. The company plans to use the capital to develop software and hardware for its research and commercial projects, including dietary supplements and a smart sleeping mask designed to enhance lucid dreaming, improve dream recall frequency, and prevent snoring. Additionally, REMspace will be introducing new technology and services to further enhance customers’ lucid dreaming practices. The company has also expanded its team by hiring 15 new employees, including 10 engineers and additional support staff. CEO Michael Raduga emphasized the potential benefits of lucid dreaming, stating that it can help fight depression, improve mood and quality of life, and promote sleep quality. He also expressed the company's goal of making lucid dreaming accessible to everyone.

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